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Keywords: Energy
In a significant economic development, Morocco witnessed a dramatic reduction in inflation during the second quarter of 2024, with rates plummeting to 0.7% from 1.2% in the preceding quarter. This remarkable shift, as reported by the High Planning Commission (HCP), paints a nuanced picture of the North......
Morocco's burgeoning gas sector is gaining remarkable momentum, fueled by dynamic investments in the regions of Tendrara and Larache. Leila Benali, the Minister of Energy Transition and Sustainable Development, has highlighted these significant strides, underscoring the government's unwavering......
Both nations emphasize the importance of enhancing cooperation across various sectors, including security and energy. In a groundbreaking move to bolster renewable energy efforts, Morocco and Germany have announced a strategic "energy alliance." This partnership, unveiled during a visit to......
In a significant diplomatic gesture, Germany has once again expressed its steadfast support for Morocco's Autonomy Plan, describing it as a "good basis and a very good foundation" for resolving the protracted dispute over the Sahara region. The endorsement was articulated by German Foreign......
Berlin, the capital of Germany, hosted a significant meeting on Friday, June 28th, between Nasser Bourita, Morocco's Minister of Foreign Affairs, and Annalena Baerbock, his German counterpart. The discussions highlighted critical areas of cooperation and underscored the bilateral relations between......
In a significant move aimed at bolstering their economic and strategic ties, Morocco and Turkey have signed two pivotal agreements focusing on energy, earth sciences, and mining. The signing ceremony took place on Thursday in Rabat and featured Morocco’s Minister of Energy Transition and Sustainable......
In a groundbreaking assessment of global energy landscapes, the World Economic Forum's (WEF) "Fostering Effective Energy Transition 2024" report has thrust Morocco into the spotlight as the vanguard of clean energy adoption in North Africa. The kingdom's ascent to the 65th position......
Managem Secures Major Stake in Morocco’s Natural Gas Fields In a strategic move poised to reshape the energy landscape in Morocco, Managem, a prominent player in the mining sector, has announced the acquisition of Sound Energy Morocco, a subsidiary of the British entity Sound Energy. This acquisition......
In a remarkable stride towards energy self-sufficiency, Morocco's electricity production increased by 3% by the end of April 2024, marking a stark contrast to the 1.9% decline recorded a year prior, according to data from the Directorate of Financial Studies and Forecasts (DEPF). This surge in power......
